Member Info for Pdub

I also know lenigas through investing in his companies.

No thanks.

'Deliberately..."?

I think you need to explain that or be accused of posting misleading information.

Watch out for good commercial flow rates. Watch out for BOOM in share price.

Just my opinion.

Macqui its onshore UK not the North Sea! The whole point here is low cost of extraction.

Why do you think these city toffs are making a power and asset grab? They know what it's worth!

Just my opinion.

Balcombe:

"Balcombe Field Discovery - post test analysis of 7-day well test suggests high probability continuous oil with a low watercut can be produced
The Balcombe Field Discovery is considered to be in the 'sweet spot' of England's Weald Basin given the 568 metre thickness and highest maturity of the Kimmeridge Layers.

On 2 October 2018 the Company announced the results of the completed horizontal well test of the Balcombe-2Z's Kimmeridge Layer as having naturally flowed at 853 bopd equivalent, not including 22.5% water. A second flow period was undertaken with the well flowing naturally at 1,587 bopd equivalent, not including 6.6% water."

And this is what the funding is for:
"Therefore, the Company believes that continuous oil with a low watercut can be produced from the Balcombe-2Z well under normal pumped production conditions and it now plans to demonstrate commercial oil production. The Facility will provide the funding to support near-term planning and testing as well as a successive Field Development Plan (FDP) submission."

Yes it is Dhc. Finance deals can seriously damage non producing companies with no revenue. Brockham is about to be turned on and the investment is to move Balcombe to a revenue producing phase. We know the oil is there. The only question in my mind is how much oil will flow.

Your fuss is just noise.

Dhc what you really need to watch is how much oil flows. In the end that and only that will be the principle sp driver. The rest is just classic noise that allows traders to play around.

But then you know that already.

Good oil flow at Brockham ? BOOM ? Could be.

Just my opinion.

Thanks for that response. Much appreciated.

Regards. Pdub.

Alan would you say progress at Brockham is more or less what you anticipated from this RNS and perhaps when they may have oil to surface, if not already?

Brockham progressing
Balcombe financed

My understanding is that OGA would not approve next Balconbe stage without adequate funding. Necessary evil but they now have it.

Dhc yeah yeah yeah.

Old agenda. Keep trying. It is what it is, ie:

Brockham progressing
Balcombe financed

Emailed Mr Vonk my support too.

Course he did but actual content does not suit his disruptive agenda.

Brockham on track
Balcombe financed

Haha keep trying. Nobody takes you seriously.

I repeat.

Brockham on track
Balcombe financed

Haha JBG clown.

Brockham on track
Balcombe financed

Rest will get booted out of town.

Exactly!!! This would not be happening if those in the know did not think there is oil and lots of it.

Looks like a greedy power grab to me.

Tidswell listed on ANGS website as holding 5.69% which is just under 23 million shares. Numbers verified November 2018.

Doesn't appear to be a problem.

On HL now 10 / 10.15p

For those who panicked and sold below 9p I did warn you. The clue was all the new faces turning up before opening warning of impending doom. They only appear because they sense picking up shares at bargain prices - the shares YOU used to own!

The RNS was mixed but if you had read behind the obvious negativity, which of course those that now own your shares deliberately exploited, there was also plenty to be cheerful about.

I didn't sell any and am positive that Brockham is on track and Balcombe is financed.

True Jarv but what is his track record on dilution and share value. I couldn't possibly comment. DYOR.

You may wish to start with DOR.

LexLugar208 always good to know that folks like you are looking after us pi's best interests. Haha. Run along now.